Documentation & Infrastructure

Get Connected

Think about your connection option

  • Talk to your existing IT supplier - do they have plans to develop electronic messaging and use of ACORD standards?
  • Investigate which connection option would be best for your organisation - as a tactical solution a message management tool may be the best option, whereas longer term, integration with back office systems may provide greater benefit.

How do I connect?

The Exchange allows a transition to electronic messaging through a variety of starting points. By allowing choice in connection options an environment has been created where each organisation can choose a solution that best fits their own internal priorities and requirements.

Entry level is dependent on how much you want to invest and the level of benefit you want to achieve. Full integration will deliver the greatest value to the organisation and is most appropriate for those participants who are fully committed to the electronic transfer of data.

Connection options 

The same connectivity options are available to all market participants; Brokers, Lloyd’s Managing Agents, Company market carriers and Coverholders.

  • Message management tools (MMTs)

The message management tool is an appropriate connection option for those who want to engage with electronic messaging without committing to the expenditure and time commitments of full integration. Information will not automatically enter internal systems and will still need to be re-keyed, however time savings and speed of placement benefits can still be realised.

These packages provide a range of functionality depending on which supplier is chosen. Typically they will provide message history, tracking/status indicators and individual message inboxes.

Suppliers can host the systems for you or they can be deployed in your own environment according to your requirements.

Whilst MMTs do not initially integrate with back office systems there is a clear upgrade path available from most suppliers which will enable integration at a later date.

  • Trading platforms

Trading platforms offer a trading service which handles the risk distribution and placement process electronically, most usually via a web browser. Like the message management tool they can ultimately integrate with back office systems.

  • Integration with back office

Some organisations will want to develop their own direct ACORD compliant connectivity to the Exchange from internal systems. This allows for messages to be composed from internal systems, and ensures that data contained within responses is appropriately downloaded and managed, with additional opportunities to integrate workflow.

  • IT suppliers

There are a number of companies who provide the gateway software that enables messaging, message management tools and integration services. Please contact us for a list of key suppliers.

 

Connection process

Registration

Before commencing technical and business testing, participants will need to complete a Registration Form and return this to the TMEL Support Team.

In addition, you will also be required to sign and return the Interchange Agreement and the TMEL Terms and Conditions before you can commence with go-live on the Exchange.

Testing

Once you have been set up on each environment, connectivity testing will need to be carried out. This can be arranged with trading partners already connected to the Exchange, or the Exchange support team will be able to assist with testing from the internal TMEL test harness. Please contact the TMEL Support Team for further information.

Go - Live

On successful completion of connectivity testing in the Production environment and confirmation of readiness for go-live, the TMEL Support Team will send out an email communication to all connected participants informing them of your organisation’s availability for messaging via TMEL.

Latest Content

Structured Data Capture now live for all classes of business

Full Story

Wide market take-up demonstrates value of Market Business Glossary

Read More

LMG proposal resolves access vs. control Brexit dilemma

Read more here

Market collaboration widens the ability to convert paper into electronic data

Read Press Release

PPL - Property and Casualty now live

Property and Casualty business is now live on PPL. Read more here

London Market launches first ever campaign to tell its story

The London Market Group (LMG) today announced the launch of its first ever campaign to promote London as the world’s insurance hub, providing buyers with a clear case for coming to London for solutions to the risks they face. Read more here

PPL goes live with facilities and platform improvements

Press Release here

LM TOM moves forward with go-live of the Market Business Glossary

For full press release see here

Keep in Touch

Get event updates sent to your inbox